
The equities market remained bullish as investors gained over N1 trillion at the end of trading on Tuesday, May 6, 2025.
This follows a surge in the share prices of stocks like Nestle Nigeria (NESTLE), Northern Nigeria Flour Mills (NNFM) and Ecobank Transnational Inc (ETI) amongst others on the trading floor.
After five hours of trading at the capital market, the equity capitalisation increased to ₦68.105 trillion from ₦67.060 trillion which the bourse recorded on Monday, May 5, 2025.
The benchmark All-Share Index (ASI) increased to 108,361.10 points from 106,698.50 points which were recorded the previous trading day.
The market breadth was 41 stocks advanced, 25 stocks declined, and 55 stocks remained unchanged in 17,575 deals.
Nestle Nigeria (NESTLE), Northern Nigeria Flour Mills (NNFM) and Ecobank Transnational Inc (ETI) led other gainers with 10% growth each in prices to close at N1, 210.00, N82.50 and N25.85 from the previous N1,100.00, N75.00 and N23.50 per share.
Guinea Insurance (GUINEAINS), Daar Communications (DAARCOMM) and VFD Groups (VFDGROUP) led other price decliners with 8.70%, 6.78% and 6.59% decline each in share prices to close at N0.63, N0.55 and N17.00 from the previous N0.69, N0.59 and N18.20 per share.
On the volume index, Access Holdings Plc (ACCESSCORP) led trading with 103 million shares in 967 deals, followed by Guaranty Trust Holding (GTCO) which traded 37 million shares in 608 deals.
United Bank for Africa (UBA) traded 30 million shares in 1, 004 deals.
On the value index, Guaranty Trust Holding (GTCO) emerged as the top traded stock, gathering N2.4 billion in 608 deals, followed by Access Holdings Plc (ACCESSCORP) which traded equities worth N2.2 billion in 967 deals.
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